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Mr Braune said the properties were in receivership following an ongoing dispute with Staywell, which had been heard in the Supreme Court in March this year, and was not a result of financial mismanagement.

“We were continuing our negotiations with Staywell in good faith and thought we were just about there,’’ he said, adding that he had enjoyed a good relationship with his bank, BankWest, until they called in receivers “out of the blue".

A BankWest spokesperson said he could confirm that receivers had been appointed to the three assets and referred questions to KordaMentha, who did not respond.

KordaMentha has appointed CBRE to manage the sale of the 131-room Macquarie Inn in Hobart’s CBD.

The hotel has been on the market for about three weeks.

CBRE hotels associate director, Andrew Jackson, said there had already been local and national interest, plus some enquiries from potential Asian investors.

The hotel is set on 10 levels on a 917 square metre site.

About $7 million was invested in a major refurbishment of the hotel, which was finished in 2011.

The property comes with approved plans for a conference space and penthouse.

The hotel can be bought as vacant possession with all furniture and ­fittings included.